The Baltic Dry Index (BDI) touched a 25-year low of 647 points on Feb. 3, while weak shipping demand and a seasonal boost in capacity last month added to the challenges facing China's...
Muscat projects the port of Sohar, 220 km north of Muscat, as the first anchor for a journey to make Oman a key maritime centre between three continents. Industries built there feature a...
PDO produces the bulk of Oman's associated gas. Its output is being utilised for domestic consumption and re-injection into the oilfields. PDO produces non-associated gas from Yibal and Lekhwair. The government takes a...
There are seven crude oil, natural gas and condensate producing ventures in Oman other than PDO. Together they are producing 265,500 b/d of crude oil, condensates, LPG, and over 375 MCF/d of gas....
GE is providing a range of LNG and subsea technology for Gorgon, which will produce 15 million metric tons per year of LNG. Both performance and full-load tests on the mixed refrigerant and...
InterEnergy Holdings, the owner of the Consorcio Energetico Punta Cana-Macao (CEPM), on Jan. 10 announced a joint venture with the BW Gas company to build of a new liquid natural gas terminal in...
In his third State of the Union address to the US Congress, President Barack Obama on Jan. 24 said he was "determined to prevent Iran from getting a nuclear weapon", stressing: "I will...
Saudi Petroleum & Mineral Resources Minister Ali al-Na'imi has repeatedly stated in recent days that the kingdom will be able to almost instantly raise its crude oil production from 10m to 11.8m b/d...
Ukraine not to quarrel with anyone over gas issues - Yanukovych Ukraine does not intend to quarrel with anyone either over diversifying energy supplies or creating a gas transportation consortium, Ukrainian President Viktor...
Lietuvos dujos to buy gas from Gazprom Export in 2012, but at current price Lithuanian gas import and transport company Lietuvos dujos will purchase gas from LLC Gazprom Export, subsidiary of Russia's OJSC...
Gazprom, NOVATEK could multiply LNG production in Yamal Gazprom's and NOVATEK's resource base, located in the north of the Yamal Peninsula and the Gydan Peninsula, allows for multiplying liquefied natural gas (LNG) production...
There are fuel shortages in the country caused partly by financial difficulties being faced by the interim government since the fall of President Mubarak and partly in view of rising domestic prices. Long...
There are about 75,000 people working in the state's hydrocarbon sector, including EGPC, Ganope, Egas and Echem, under the control of the Petroleum Ministry. EGPC is one of the biggest NOCs in the...
90 pct of north-west Europe LNG imports from Qatar; Qatari exports to Europe fell 22 pct in 2011; Economic crisis hits southern Europe gas demand. Europe's energy supply may be more vulnerable this...
ZUG, Switzerland -- Foster Wheeler AG (Nasdaq: FWLT) announced today that its India subsidiary, Foster Wheeler India Private Limited, part of its Global Engineering and Construction Group, has been awarded a contract for...
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/68e0d8/cyprus_energy_repo) has announced the addition of the "Cyprus Energy Report" report to their offering. This report provides updated facts and figures on the evolution of the national energy...
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/1e4d61/global_and_chinese) has announced the addition of the "Global and Chinese FPSO Industry Report, 2011" report to their offering. Offshore engineering equipment consists of exploration equipment, drilling facility, production...
ZUG, Switzerland -- Foster Wheeler (NASDAQ: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petron Corporation (Petron) for the Petron Refinery Master...
NEW YORK & LONDON -- Deutsche Bank today announced its appointment as successor depositary bank for the Level I American Depositary Receipt (ADR) program of BG Group plc (BG Group), headquartered in the...
The working week on Jan. 13 ended with crude oil prices down as fears that Iran could close the Strait of Hormuz and of a potential cut in Nigerian oil exports were offset...